LONDON, July 31 (Reuters Breakingviews) - The bankruptcy of the city of Detroit has many causes, including poor management, industrial history and dysfunctional American sociology. I think there is also an ethical problem: too little cross-border solidarity.
Full story

LONDON (Reuters) - Slowly but unsurely, Europe is facing up to population trends that will sap long-run economic growth and force nations to choose between cutting pensions and welfare benefits or paying higher taxes to maintain them.
Full story

President, Mark Hurd, Oracle, thinks his company is going to do better going into fiscal 14. "Performance has ranked up pretty well, and we gained share," he says, adding, "we've grown 5 percent in Europe."

(Reuters) - Thomson Reuters &lt;TRI.N&gt; &lt;TRI.TO&gt; said on Tuesday that second-quarter revenue rose 2 percent as gains at its legal and accounting businesses helped offset weakness in the financial division, mainly in Europe.
Full story

Fast Money traders Mike Murphy and Stephen Weiss debate the bear versus bull case on home builders. Is it time to get short? Josh Brown discusses if it is time to get in on the European rebound; and Paul Richards, UBS, says "it is going to be a very ve...

Almost everyone on board the train that hurtled off the rails in Spain was either killed or injured. Five Americans, in Europe for their daughter’s wedding, were among the wounded. NBC’s Keir Simmons reports.

Related Photos

European Union Trade Commissioner Karel De Gucht addresses a news conference at the European Commission headquarters in Brussels July 29, 2013. China and the European Union have agreed there is a "window for discussions" over the next few months to try to resolve trade disputes over Chinese imports